2016-04-07

Acuity Brands Reports Net Revenue up 26% in 2Q16

Acuity Brands announced record second quarter results for net sales, net income, and diluted earnings per share (“EPS”). Fiscal 2016 second quarter net sales of US $777.8 million increased $161.7 million, or 26%, compared with the year-ago period. Operating profit for the second quarter of fiscal 2016 was $106.7 million, an increase of $28.1 million, or 36%, over the year-ago period. Net income for the second quarter of fiscal 2016 was $65.5 million, an increase of 41% compared with the prior-year period. Fiscal 2016 second quarter diluted EPS of $1.49 increased 39% compared with $1.07 for the year-ago period.
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2016-04-01

Foxconn Acquisition of Sharp Offers Apple Alternative OLED Supplier

Foxconn’s acquisition of Sharp could help Apple reduce its dependency on Samsung for OLED display panels, analyzed 9to5Mac.
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2016-03-31

Everlight Boosts Revenue with VR and Other Niche Market Applications

Affected by the uncertain economic outlook, Taiwanese LED manufacturer Everlight’s business operations in 2016 lacked strong growth momentum, reported Taiwanese media UDN. Waning consumer consumption led to sliding revenues in the backlight market, which has neutralized lighting market growth. 
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2016-03-31

City of Phoenix Plans Ahead of 90,000 Street and Parking Lights Upgrade

The city of Phoenix in Arizona, U.S. is asking for public input on the appearance and use of energy-efficient LED technology for street and park lighting.
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2016-03-31

NEMA Business Conditions Indexes Spikes up Sharply in March

NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America surged in March, climbing to 64.7 from 44.4 the previous month as more panelists reported conditions improved than eroded. Compared to February, a larger share of the survey panel reported that business conditions improved (41% in March compared to 22% in February) and a smaller share reported that they deteriorated (12% in March compared to 33% in February). Forty-seven percent claimed conditions were unchanged in March, similar to the share holding this view a month ago.
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2016-03-30

Reading Council in UK Rolls out LED Streetlight Replacement Project

A GBP 9.8 million (US $14.09 million) project to replace all the streetlamps in Reading with energy efficient LEDs is due to start on Monday 4th April.
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2016-03-29

Fake Philips Lighting LED Bulbs Found in Yinshang County in China

Pirated Philips LED bulbs were found in Yinshang County, Anhui Province, China, according to a statement released by the local Market and Quality Supervision Commission.
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2016-03-29

KGI: Apple to Launch AMOLED Smartphone in 2017

A recent report from renowned Apple specialist and analyst Ming Chi Kuo from KGI Securities projects the current iPhone 6 design might be overhauled in the next generation phone, and be replaced with a 5.8” curved glass casing AMOLED display phone, reported MacRumors.
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2016-03-28

Foshan Lighting’s Net Profits in 2015 Hurt by Investor Lawsuit

Investor lawsuits have caused Foshan Lighting’s net profits to plummet 79.93% in 2015 to RMB 53 million (US $8.15 million), while annual revenue dropped 6.26% YoY to RMB 2.88 billion, according to a company statement.
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2016-03-28

ETI’s Independent Director Resigns

ETI announced recently that the company board’s Independent Director Jing Guo Jiang has resigned, due to personal reasons.
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2016-03-28

Shanghai Felio Acoustics Denies Affiliated Company INESA is Constructing A New LED Plant in France

Shanghai Felio Acoustics rebutted misleading reports claiming its affiliated company INESA is building a new LED plant in France that could create 200 to 300 new jobs in the country.
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2016-03-28

U.S. Court Rules Enplas Infringed Seoul Semiconductor LED Lens Patents

Seoul Semiconductor announced that it won a patent infringement lawsuit regarding LED backlight lens technology against Japanese lens maker Enplas.
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2016-03-28

Is OLED Ready to Slaughter LED Backlight in Smartphone Applications?

A report from IHS recently claimed AMOLED panel production costs for smartphone displays was nearing LCD displays or translated into LED industry language ready to take out LED backlight, reportedPhonearena.com and Korean media ETnews.
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2016-03-28

Consumers in Maharashtra District in India Offered Few LED Bulb Payment Options

Indian consumers from Nashik, a northern district of Maharashtra State, were given only one option to pay for LED bulbs—cash only, reported The Times of India.
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2016-03-28

Community LED Streetlight Upgrade Thwarted by Florida Power Utility Company

A community in the state of Florida, U.S. wants more efficient streetlights to cut energy bills, but local utility company Florida Power and Light (FPL) is making things rather difficult, reported SunSetinental.
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2016-03-25

Forest Lighting Acquires Super Trend Lighting LED Filament Bulb Assets

Forest Lighting (formerly branded as MLS) announced recently it had acquired 80% shares from Hong Kong lighting vendor Super Trend Lighting Chairman Jiangguo Yen (嚴建國), which is expected to bolster the Chinese player’s  LED filament bulb market share.
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2016-03-25

Nichia Talks about Suit Filed against Vizio

Nichia announced several LED patent lawsuits this week, including its two patent infringement suits filed against TV manufacturer Vizio in Eastern Court of Texas and District Court for the Central District of California in U.S., and ongoing YAG patents lawsuit against Everlight China. The lawsuit filed against Vizio stands out in particular, since it targets the end product manufacturer instead of a LED chip or component supplier.
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2016-03-25

Everlight Rebuts Nichia YAG Patents is Invalid in Ongoing Legal Case in Beijing

In 2012, EVERLIGHT filed a declaratory judgment action of invalidity and non-infringement against Nichia’s U.S. Patent Nos. 5,998,925 and 7,531,960 in the U.S. District Court for the Eastern District of Michigan. These two patents are directed to YAG phosphors being used in LEDs and phosphor concentration. The jury on April 22, 2015 has found all the asserted patent claims invalid. And the court has rejected Nichia’s motions for a new trial and confirmed the jury finding on January 19, 2016. 
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2016-03-25

Bengaluru Gives out More than 5M LED Bulbs to Local Residents

Bengaluru, the capital of Kanakata State in India, has distributed more than 5 million LED bulbs to local residents since it launched the energy efficiency program three months ago, reported The New Indian Express.
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2016-03-25

Philips Lighting Offers LED Bulb and Smart Streetlight Solutions in Ghana

Dutch lighting giant Philips Lighting has started selling energy efficient LED bulbs at Palace shopping mall in Ghana capital Accra, reported Graphic Online.
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2016-03-24

Nichia Files New LED Patent Infringement Lawsuits Respectively in China and U.S.

Global leading LED manufacturer Nichia has filed another patent infringement lawsuit against U.S. TV manufacturer Vizio in Central California Court, just one day after filing a lawsuit in the Eastern Texas. Moreover, the Japanese company is enforcing its YAG patents in China, and filed a lawsuit against Everlight subsidiary and distributor in China earlier this month. Below are Nichia’s statements related to the cases:
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2016-03-24

Slough Borough in UK Converts 11,300 Streetlights with LEDs

A photocall on March 17, 2016 marked the start of a two-year project to replace all of the borough’s 11,300 street lamps with LED energy efficient ones.
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2016-03-24

Silver Spring Networks Teams up with Rongwen to Expand Presence in China Smart City Market

Silver Spring Networks announced a new go-to-market partner, Rongwen, for its rapidly growing smart cities and smart street lighting business. Rongwen is one of the largest smart LED street light providers and operators in China, and has deployed more than 250,000 controllable LED street lights in its home country under the Energy Performance Contracting (EPC) business model. 
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2016-03-23

Apple Granted New AMOLED Display Patent

The U.S. Patent and Trademark Office (USPTO) has granted Apple 59 patents including one related to AMOLED displays, reported Patently Apple.
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2016-03-23

Nichia Files LED Patent Infringement Lawsuit against TV Maker Vizio

Nichia has filed a complaint in the Eastern Court of Texas in U.S. court against American TV manufacturer Vizio for infringing its LED patent (U.S. Patent No. 8,530,250), reported Law 360 magazine.
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2016-03-23

Lighting Science Rebrands in the Wake of Expanding Human Centric Lighting Products

Lighting Science, the global technology leader in human health focused LED solutions, unveils a bold new brand identity designed to more accurately communicate the mission of the company and its groundbreaking products. The brand relaunch coincides with the expansion of Lighting Science’s line of biologically-tuned LED products including the Sleepy Baby®, GoodNight™, and GoodDay™ bulbs which emit pre-sleep and awake & alert spectrums of light, respectively.
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2016-03-22

Indonesia LED Lighting Demands Propelled by Increasing Electrification Ratio

Prospects of the LED lighting market in Indonesia is promising and set to soar this year, due to growing electrification ratio in the country, reported Indonesia Investments.
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2016-03-22

Seoul Viosys Files UV Patent Infringement Lawsuit against American Manufacturer Salon Supply Store

Seoul Viosys filed a patent infringement lawsuit with the US Court in Florida, claiming that their UV products, including EPI, FAB, package or system, have been infringed.
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2016-03-22

U.S. LED Streetlight Projects from Pennsylvania to Nebraska

Local U.S. governments have been actively replacing conventional streetlights with LEDs in an effort to slash energy consumption, according to a latest report from The Climate Group mayors across the U.S. are prioritizing LED streetlights. Below are summaries of streetlight projects in several U.S. cities.
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2016-03-21

The Progress of Three LED Streetlight Projects in India

If you have been following LEDinside news, India has been a booming market for massive streetlight retrofit projects over the last two years. Progress of LED streetlight projects in the region have been mixed, with some states and municipalities successfully implementing plans, and others lagging behind due to political, financial or technical difficulties. 
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A tiny Chip LED from ams OSRAM offers higher brightness, making it simply ideal for integration into everyday devices such as in-ear headphones or smart rings The enhanced Chip LED from ams OSRAM delivers higher brightness—while taking u... READ MORE

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